To design a new app, a project manager has gathered the time information for each activity as shown in the following table: Activity Predecessors Optimistic Most Likely Pessimistic A / 1 4 7 B / 2 6 10 C B 3 3 9 D A 6 13 14 E A, C 4 6 14 F B 6 8 16 G D,E,F 2 5 8 Identify the critical path. How much slack time is associated with each noncritical activity? Suppose you wanted to have 99% confidence in the project finishing on time. How many weeks in total would your project team need to achieve this 99% likelihood?
To design a new app, a project manager has gathered the time information for each activity as shown in the following table: Activity Predecessors Optimistic Most Likely Pessimistic A / 1 4 7 B / 2 6 10 C B 3 3 9 D A 6 13 14 E A, C 4 6 14 F B 6 8 16 G D,E,F 2 5 8 Identify the critical path. How much slack time is associated with each noncritical activity? Suppose you wanted to have 99% confidence in the project finishing on time. How many weeks in total would your project team need to achieve this 99% likelihood?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question
To design a new app, a project manager has gathered the time information for
each activity as shown in the following table:
Activity Predecessors Optimistic Most Likely Pessimistic
A / 1 4 7
B / 2 6 10
C B 3 3 9
D A 6 13 14
E A, C 4 6 14
F B 6 8 16
G D,E,F 2 5 8
Identify the critical path. How much slack time is associated with each noncritical activity?
Suppose you wanted to have 99% confidence in the project finishing on time. How many
weeks in total would your project team need to achieve this 99% likelihood?
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